Author: Naresh Saini

For those looking for a safe investment option with better returns than Fixed Deposits (FDs), Treasury Bills (T-Bills) are an excellent alternative. These government-issued securities are short-term investment tools that provide fixed returns with minimal risk, making them ideal for conservative investors. Issued by the Reserve Bank of India (RBI), T-Bills cater to individual and institutional investors alike, offering a secure way to invest while supporting government borrowing. Key Features of Treasury Bills Types of Treasury Bills The RBI issues T-Bills in three durations, each with its unique maturity period: How Treasury Bills Work T-Bills are issued at a discounted…

Starting an SIP (Systematic Investment Plan) early is one of the smartest ways to build wealth over time. The earlier you begin, the more you can benefit from the power of compounding, which significantly multiplies your wealth over the years. However, delaying investments by even a few years can lead to higher financial burdens later, as shown by a study conducted by FundsIndia Research. The Impact of Delaying SIP Investments When you postpone your SIP investment, you not only reduce the time for your money to grow but also increase the amount you need to invest to reach the same…

The Employee Provident Fund (EPF) is a reliable savings option for retirement, offering financial security and a pension fund. However, under certain conditions, you can withdraw funds partially or fully before retirement. Here’s a comprehensive guide on the circumstances for withdrawal, eligibility criteria, and the steps involved. Reasons for Partial PF Withdrawal Partial withdrawals from your PF account are allowed for specific situations, ensuring that the fund supports your financial needs during emergencies or significant life events. These include: Eligibility:To withdraw for these reasons, the account holder must have been a member of EPFO (Employees’ Provident Fund Organisation) for at…

This Children’s Day, why not give your child the gift of financial security? Investing in your child’s name can be a meaningful way to secure their future and lay a foundation for long-term wealth. With various government-backed schemes and secure investment options available, you can start planning for essential milestones, like education and other future expenses. Here’s a guide to some of the top schemes you might consider this Children’s Day. 1. Sukanya Samriddhi Yojana (SSY) – A Special Scheme for Daughters If you’re planning for your daughter’s future, the Sukanya Samriddhi Yojana (SSY) offers an excellent way to save.…

In India, the family pension scheme provides financial support to the families of government employees after their passing. This amount, known as a family pension, helps family members maintain stability. Generally, the spouse is the first in line to receive the pension, but daughters—whether unmarried, married, or widowed—are also eligible under specific circumstances. According to the Central Civil Services (Pension) Rules, 2021, here’s a comprehensive look at when and how a daughter can be entitled to her father’s pension. Understanding Family Pension and Eligibility The Central Civil Services (Pension) Rules, 2021, outlines that, after a government employee’s death, family pension…

When it comes to fulfilling long-term financial goals, mutual fund SIPs (Systematic Investment Plans) have become one of the most popular choices among investors. Whether you’re saving for retirement, a child’s education, or a new home, SIPs offer a flexible and disciplined approach to building wealth over time. Let’s break down how you can achieve a corpus of Rs 5 crore in 25 years with SIP and some tips for maximizing your returns. How SIP Returns Are Calculated When setting up an SIP to achieve a financial goal, there are four main factors to consider: While the tenure, target, and…

In India, an Aadhaar card has become a crucial document that provides identification with details such as name, address, and photo, and allows access to various services. To make Aadhaar management easier, the Unique Identification Authority of India (UIDAI) offers two distinct digital platforms: MyAadhaar and mAadhaar. While both simplify Aadhaar-related tasks, they are designed to meet different needs. Understanding which platform is better suited for specific purposes can save time and ensure security. What is mAadhaar? mAadhaar is a mobile app developed by UIDAI, available for both Android and iOS users. It allows you to manage and access your…

As domestic and international travel becomes more common, travel insurance has become essential for safeguarding against unexpected disruptions. From a medical emergency abroad to a canceled flight due to unforeseen circumstances like a bomb threat, travel insurance provides peace of mind and financial protection. Here’s everything you need to know about travel insurance options, coverage, and what to look for when buying a policy. Why Travel Insurance Is Important Travel insurance can protect travelers from expenses incurred due to unforeseen delays, cancellations, or emergencies. While airlines must often provide compensation for delays or cancellations, this doesn’t apply in situations outside…

When it comes to tax-saving investments, the Tax-Saving Fixed Deposit (FD) and the National Savings Certificate (NSC) are two reliable options in India. Both offer guaranteed returns and tax benefits under Section 80C, making them attractive for individuals seeking safe, tax-efficient investments. But which one provides better returns? Let’s dive into the details to help you choose the best investment for your financial goals. Overview of Tax-Saving FD A Tax-Saving FD is a type of fixed deposit that offers tax exemption under Section 80C of the Income Tax Act. With a five-year lock-in period, this FD is designed specifically for…

The National Pension System (NPS) is a government-backed retirement savings scheme aimed at helping Indians accumulate a secure retirement fund. NPS offers various benefits, including significant tax deductions, a diversified investment structure, and the advantage of compounding. If you’re starting your career and planning early, NPS can be a great way to work toward a stable monthly pension post-retirement. Here’s a closer look at how much you’d need to invest in NPS if you aim for a monthly pension of ₹1.5 lakh. Why Choose NPS for Retirement Planning? NPS offers several advantages for those aiming to build a long-term retirement…